Property All Risks Insurance

Comprehensive Protection for Your Business Assets

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Abu Dhabi: +971 2 626 66 69

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Protection of Commercial Assets Through Insurance Against All Risks

Nexus Insurance Brokers is perfectly poised in the Property All Risks Insurance segment, offering businesses in the UAE a much-needed and reliable risk management system. This type of insurance protects assets from unexpected physical losses, damage, or total destruction. Unlike traditional policies that cover only predefined threats like fire or floods, PAR (Property All Hazards) online insurance Dubai coverage provides a broader range of protection, ensuring operational business continuity even in the event of unlikely events.

For enterprises operating with high-value assets such as buildings, equipment, warehouses and logistics facilities, putting in place an effective insurance risk transfer system is a critical element of financial stability. Our tailored approach allows you to create a policy that meets the specific threats faced by industrial, commercial and corporate structure.

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What Does Insurance Against All Risks Include?

The Property All Risks policy comes under the category of unnamed risks that covers all types of physical losses and property damage, except clearly defined exceptions. This approach provides a higher level of financial security, particularly in industries subject to different types of impacts, from accidents to climate disasters.

We work with retail companies, commercial property owners, industrial facility managers, and developers, offering insurance solutions completely tailored to the client’s risk profile. In addition to the UAE market, we provide coverage for home insurance in Bahrain, Kuwait, Qatar and Jordan, forming insurance packages that take into account local requirements and the specifics of the property.

Key Features & Coverage – What is Included?

1

Material Damage Coverage

  • Complete security for offices, retail stores, manufacturing facilities, warehouses, and commercial structures.
  • Guarantees monetary compensation for losses in operating equipment, fixtures and fittings, and structural damage.

2

Fire & Explosion Protection

  • Protection from lightning strikes, industrial explosions, electrical short circuits, and fire breakouts.
  • Offers monetary compensation for the expenditures of replacement, reconstruction, and repair.

3

Theft & Malicious Damage

  • Covers damages brought on by sabotage, vandalism, forced entry, and burglary.
  • Provides compensation for lost or stolen assets and inventory, ensuring company continuity.

4

Natural Catastrophe Coverage

  • Defense against cyclones, earthquakes, floods, hailstorms, and landslides.
  • This is vital for companies operating in geographically susceptible areas.

5

Machinery Breakdown & Equipment Protection

  • Covers unexpected and unexpected mechanical or electrical malfunctions in elevators, HVAC systems, industrial machinery, and specialized manufacturing equipment.
  • Includes costs for replacement, repair, and recalibration.
6

Electronic Equipment Insurance

  • It covers servers, data centers, IT infrastructure, and electronic systems essential to corporate operations.
  • Expedites the processing of claims for critical digital assets, ensuring company continuity.
7

Debris Removal & Site Clearance

  • Reimburses costs for site repair, garbage disposal, and removing damaged structures.
  • Aids companies in their efforts to recover from losses.

8

Temporary Relocation & Alternative Accommodation

  • Offers monetary support for short-term office moves or company relocations brought on by property damage.
  • Includes costs for leasing warehouses, renting spaces, and other locations for operations.

Thanks to our modular and customizable plans, businesses may grow coverage by their industry-specific requirements.

Who Should Obtain Property All Risks Insurance?

Businesses that need extensive risk transfer mechanisms for their operational and physical assets are the target market for our Property All Risks Insurance coverage.

✔ Real Estate Developers: Property investors are encouraged to purchase this coverage to safeguard freshly constructed and pre-existing commercial properties.

✔ Industrial and Manufacturing Facilities: These include valuable industrial plants, machinery, and operating equipment.

✔ Retail & Commercial Businesses: Maintaining malls, warehouses, and distribution centers operations.

✔ Corporate Enterprises: Safeguarding data centers, offices, and headquarters.

Tailored risk management systems can help maintain financial resilience in industries with large capital investments or high-risk operations.

Key Benefits of Property All Risks Insurance

Our Property All Risks coverage provides the following benefits over standard Fire & Allied Perils Insurance: 

✔ Broad-Spectrum Coverage: Covers all hazards unless specifically excluded.

✔ Adaptable Risk Solutions: Designed to address vulnerabilities unique to a firm.

✔ Financial Liability Mitigation: This lessens capital loss from unanticipated property damage.

✔ Guaranteed Business Continuity: This ensures that operations continue without interruption following a loss incident.

✔ Committed Claims Assistance: Our risk advisory group guarantees a smooth claims procedure.

How to Secure Your Coverage at Nexus Advice?

Our insurance experts break down the policy issuance procedure into three methodical steps:

Risk Assessment & Consultation

We perform a risk profile study to ascertain your coverage needs.

Policy Structuring & Customization

We provide customized insurance plans based on your risk tolerance and asset portfolio.

Underwriting & insurance Issuance

After everything is finalized, your insurance is activated, guaranteeing instant protection against any hazards that may be insured.

Our committed advising staff guarantees that companies obtain tailored insurance plans with affordable premiums.

Key Benefits of Property All Risks Insurance

One of the most important business decisions is safeguarding your commercial and industrial facilities from unforeseen threats. We at Nexus Insurance Brokers offer specialist risk transfer solutions that guarantee operational stability and complete financial protection.

FAQs

Our policy applies to commercial and residential properties, including buildings, offices, warehouses, and factories.

Notifying the insurer of the loss or damage, supplying supporting documents, and assisting the insurer in their inquiry are the usual steps in the claims procedure.  After that, the insurer will assess the claim and decide how much money should be paid.

Yes, this will depend on the value of the asset and content within it.

-Client needs to provide answer.

It is crucial for safeguarding your assets and property from unforeseen damage or loss.  In the event of an unanticipated event, it can assist you in minimizing financial losses and preserving your financial stability.  Furthermore, as a requirement of a loan or lease, many lenders and landlords demand that property owners own Property All Risk Insurance.

Call Us

Abu Dhabi: +971 2 626 66 69

Working Hours

8AM – 5PM, Monday to Friday.

Contact Us

Please contact us by filling out the form below and a Nexus Insurance Adviser will be in contact with you shortly:
Contact your Insurance Advisor CLS

Get in touch with us

Please contact us by filling out the form below and a Nexus Insurance Advisor will be in contact with you shortly:
Contact your Insurance Advisor CLS